Amid all of the justifiable concern about underfunded public pension systems, most recently in Alaska, it's easy not to notice that some places appear to ...
According to statistics compiled (free registration required) by the National Association of State Retirement Administrators and the National Council on Teacher Retirement, a number of plans actually have surpluses, instead of the billion-dollar unfunded liabilities you often hear about. The Florida Retirement System ($7.6 billion surplus) and the North Carolina Teachers and State Employees system ($3.6 billion surplus) are among the big winners.
Two questions for which I don't have an answer: Is it possible that these numbers are misleading and these systems aren't as healthy as they appear? And, if not, what makes them different from all the places that are struggling?
Join the Discussion
After you comment, click Post. You can enter an anonymous Display Name or connect to a social profile.
Tim Kaine: The 3 Lessons I Learned From Local Government2 hours ago
DNC Chair Debbie Wasserman Schultz Resigns5 hours ago
With Restorative Justice, Offenders Avoid Prison and Victims Get a Bigger Voice5 hours ago
Nevada Ends Segregation of Prisoners With HIV5 hours ago
Campaign Signs Ruling From Supreme Court Pits Kansas Versus Its Cities5 hours ago
Illinois Lawmaker Abruptly Leaves Office -- and Social Media6 hours ago